The Latest in IT Security

The war of words between activist investor Carl Icahn and eBay reached a fever pitch today, eliciting a response from eBay founder and chairman of the board Pierre Omidyar. In a statement posted on eBays corporate site, Omidyar called Icahns recent claims about alleged insider trading and other improprieties false and misleading. Omidyar went on to defend the companys board, as well as John Donahoe, who became the companys chief executive shortly after Meg Whitman resigned in 2007. In the letter, Omidyar specifically refuted Icahns claim that eBay board member Marc Andreessen had the inside track to the sale of Skype to an investment group in 2009, saying Andreessen recused himself from any meetings, negotiations, and decisions about the sale. The overlap between Intuit and eBay is small for both companies, Omidyar fired back.